New Times Valuation

Is 166 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 166 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 166's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 166's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 166?

Key metric: As 166 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 166. This is calculated by dividing 166's market cap by their current revenue.
What is 166's PS Ratio?
PS Ratio	0.03x
Sales	HK$14.07b
Market Cap	HK$480.80m

166 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 166's PS Ratio compare to its peers?

The above table shows the PS ratio for 166 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.7x
8310 Dafeng Port Heshun Technology	0.3x	n/a	HK$450.8m
3313 ArtGo Holdings	4.8x	n/a	HK$349.6m
731 C&D Newin Paper & Pulp	0.2x	n/a	HK$325.4m
2302 CNNC International	1.7x	n/a	HK$787.6m
166 New Times	0.03x	n/a	HK$480.8m

Price-To-Sales vs Peers: 166 is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does 166's PS Ratio compare vs other companies in the HK Trade Distributors Industry?

20 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.4x	3.0%
166 New Times	0.03x	n/a	US$61.78m
9878 Huitongda Network	0.1x	10.2%	US$1.39b
990 Theme International Holdings	0.09x	n/a	US$718.34m

20 Companies		Estimated Growth	Market Cap
Industry Avg.	0.4x	6.6%
166 New Times	0.03x	n/a	US$61.78m

No more companies

Price-To-Sales vs Industry: 166 is good value based on its Price-To-Sales Ratio (0x) compared to the Hong Kong Trade Distributors industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is 166's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

166 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.03x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 166's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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